Economic advantages of China's new Silk Road in Central Asia

The new Silk Road project is one of China's most important economic policies in the last few years .Central Asia has a central and important place in this project . Multi-factors make Central Asia's place, important in China's foreign policy .Oil and gas resources and security in China's Xinjiang region and the Central Asian region market are such factors .Central Asian countries also need to foreign investment, especially in the road sector, infrastructure, coal industry, major benefits from transit revenues as well as access to Chinese markets .Since the independence of the Central Asian republics, China has had numerous bilateral and multilateral agreements with these countries .Development of ports, roads, rail lines and transportation are among the infrastructure projects in China's massive new Silk Road project. Because Central Asia is the first stop on this road. China has planned a variety of road and rail projects for the region .China's new Silk Road creates many advantages for Central Asian countries, including increasing economic growth, entering foreign capital, connecting more and more to the global economy and increasing international cooperation. But it can create challenges such as dependence on China, negative domestic impacts and imbalances in the trade sector .In this study, we investigate the economic advantages of China's new Silk Road in Central Asia

Keywords:

Silk Road , Economy , Central Asia , China